Welcome back to the Sei Overview. We’re creating the best place for the Sei community to get the latest updates, metrics, insights on the blockchain, its ecosystem developments and more – all in one place.
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By the Numbers
$SEI token price: $0.12 (-3.22%)
Market cap: $779.19M (-3.1%)
Sei Total Value Locked (TVL): $178.37M (-13.5%)
EVM daily average transactions: 2.2M (+1.92%)
EVM daily active users: 845K (+2.34%)
Total wallets: 90.1M (+1.16%)
Real-time transactions per second: 60.93 tx/s (+4.23%)
Block time: 0.51s (+2%)
Percentages and metrics are calculated over a 7-day time frame, unless noted otherwise.
Sei Showcase
💨 What’s happening: Sei’s Research Initiative is already working on mitigating how future quantum computers could adversely affect blockchains like Sei, especially in the way transactions are approved and kept secure.
💨 Why it matters: Sei is designed to be able to process large amounts of transactions, at speeds comparable to large financial companies like Visa. To do this, it uses lightweight approval methods that are fast to check. In the future, powerful quantum computers could make some of today’s approval methods less secure.
There are already new approval methods designed to be “quantum-safe,” but these can prove cumbersome and slow. But such advancements could come at a cost: Sei’s upcoming Giga upgrade focuses on making sure Sei can process large amounts of transactions at fast speeds, but the network is putting quantum safe computing on its radar. Switching to newer approval methods could dramatically increase the amount of data the network needs to process and reduce overall speed. Put simply: stronger future security could come at the cost of making a fast blockchain slower.
💨 The bigger picture: Sei Research Initiative is looking for ways to prepare Sei for a post-quantum future, requiring coordination between users, developers, and validators in order to switch to new security methods.
Instead of checking every transaction individually, researchers are looking at ways to keep Sei fast while preparing for stronger security: checking many transactions at once; using compact proofs that show transactions were approved correctly; and a fast-first, check-later approach.
Collectively, these ideas aim to protect Sei’s performance while planning for future security needs.
Accelerating Sei’s blockchain
Updates on the latest games, validators, builders and more that are helping Sei expand
Sei introduced the “Distribution and Access System” system for its Market Infrastructure Grid, designed to on-ramp users from different regions to Sei
Sei’s daily active users increased to 828.7K in January, up 17.5% from 704.8K in December
Sei’s P2P stablecoin supply hit an all-time high of $84.5M on Jan. 6
Infinity Heroes launched its blockchain-based fighting chess game to the iOS App Store
What’s the community Sei’ing
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Face-Off Arcade launched a player-versus-player mini-game platform on Sei
Capy Mellow released a web3 puzzle game that uses decentralized identity on Sei
Infiblue, a blockchain-based social platform for the metaverse, partnered with Mokoko to incorporate Sei-powered AI agents
Lock in to the ecosystem
Want to get involved?
Check out the latest jobs at the Sei Development Foundation
Participate in Crypto.com’s SEI token lockup campaign to earn a piece of a 1.2M SEI rewards pool
Earn rewards on Takara Lend for borrowing USDT on Sei
That’s all for this week.
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.